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Join us at the TotalInvestment event in Bucharest where experts will discuss investment stages, fundraising, and funds raised in Europe and CEE. Gain valuable insights on Romania's GDP composition and economic forecast for 2011-2012. Understand the impact of net exports, private consumption, and budget deficits on the economy. Get market insights from ING, UniCredit, and IMF. Contact Cristian Nacu at Enterprise Investors for more information.
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Piata de PE/VC Bucuresti, 12 mai 2011
2006-2011Romanian GDP Decomposition • Net exports continue to drive the economy in 2010 and most likely in 2011. • Private consumption may achieve a modest come-back this year, with marginal impact on GDP growth. Source: the Romanian National Institute of Statistics 8
2011-2012 Forecast for Romania *) if not stated otherwise GDP should resume growth with a modest plus in 2011, as no further austerity measures are planned and the money market key interest rates are expected to remain relatively low during 2011. The budget deficit level fell below the target agreed with IMF for 2010 (-6.5% actual versus -6.8%) and the target for 2011 (-4.5%) looks achievable. Investments are expected to make a modest come-back in 2011, with a marginal contribution to GDP growth. Source: ING, UniCredit, IMF. 9
Thank you! Cristian NACU Partener Enterprise Investors Domus Center, 36 Stirbei Voda Str., 5th floor, Bucharest, Romania Tel. +40 21 314 66 85 Fax. +40 21 314 81 93 E-mail: cristian.nacu@ei.com.ro